It was reported on 2 February 2015, that Morgan Stanley (NYSE:MS) is looking to sell its oil storage business units, according to the Wall Street Journal (WSJ). The bank has been planning to offload its oil storage facilities since quite a few months due to increasing pressure from the US government on some of the country’s largest banks to discontinue operations from the physical commodities trading markets. On Friday shares of Morgan Stanley (NYSE:MS) closed at $35.79. Company’s sales growth for last 5 years was 4.80% and EPS growth for next 5 years is recorded as 14.77%.
Keefe, Bruyette & Woods has lowered its price target on shares of Walter Investment Management Corp (NYSE:WAC) from $19.00 to $16.00. They have a market perform rating on that stock. Walter Investment Management Corp. (NYSE:WAC) in last trading activity moved up 7.21% to close at $18.30. Company weekly performance is 21.43% while its quarterly performance stands at -15.82%. Walter Investment Management Corp. (NYSE:WAC) is -41.01% away from its 52 week high.
On 5 February 2015, First Financial Bancorp (NASDAQ:FFBC), a mid-sized, regional bank holding company, has reported a 391.39 percent jump in profit for the quarter ended Dec. 31, 2014. The company has earned $18.60 million, or $0.30 a share in the quarter, compared with $3.78 million, or $0.07 a share for the same period last year. On last trading day First Financial Bancorp. (NASDAQ:FFBC) moved up 1.08% to close at $17.85. Its volatility for the week is 3.49% while volatility for the month is 3.03%. FFBC’s sales growth for past 5 years was 6.00% and its EPS growth for past 5 years was 6.40%. First Financial Bancorp. (NASDAQ:FFBC) monthly performance is 2.65%.
On 4 February 2015, TRC Companies, Inc. (NYSE: TRR), a recognized leader in engineering, consulting and construction management services to the energy, environmental and infrastructure markets, on 4 February 2015, announced financial results for the fiscal second quarter ended December 26, 2014. Net service revenue(1) $ 99.8 $ 91.1 10% Operating income $ 6.9 $ 5.2 32% Net income applicable to TRC Companies, Inc. $ 4.0 $ 3.1 29% Diluted earnings per common share $ 0.13 $ 0.10 30%. TRC Companies Inc. (NYSE:TRR) has 8.40% insider ownership while its institutional ownership stands at 49.20%. In last trading activity company’s stock closed at $7.18.
It was reported on 25 January 2015, that Express Scripts Holding Company (NASDAQ:ESRX), the nation’s largest manager of prescription drug benefits, has indicated that keeping costs under control for PCSK9 drugs is a priority. In December, the benefit manager excluded Harvoni, an expensive hepatitis C drug from Gilead Sciences Inc., from its main list of covered drugs, in favor of a competing drug from AbbVie Inc., which had offered discounts in exchange for exclusive status. On Friday shares of Express Scripts Holding Company (NASDAQ:ESRX) closed at $81.84. Company’s sales growth for last 5 years was 36.50% and EPS growth for next 5 years is recorded as 13.29%.